Global Modified Bitumen Market 2018-2022

About Modified Bitumen

Modified bitumen consists of modifiers that are added to enhance the plastic- or rubber-like properties of bitumen. It is classified into polymer-based bitumen (PMB) and elastomers. PMB includes thermoplastics such as ethylene-vinyl acetate (EVA), atactic polypropylene (APP), and alpha polyolefins) and thermosetting (such as epoxy and polyurethanes). Elastomers include styrene-butadiene-styrene (SBS), styrene-butadiene-rubber (SBR), crumb rubber modified bitumen (CRMB), and natural rubber modified bitumen.

Technavio’s analysts forecast the global modified bitumen market to grow at a CAGR of 6.45% during the period 2018-2022.

Covered in this report
The report covers the present scenario and the growth prospects of the global modified bitumen market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
‧ Americas
‧ APAC
‧ EMEA

Technavio's report, Global Modified Bitumen Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
‧ BITUMINA HI-TECH PAVEMENT BINDERS
‧ Exxon Mobil Corporation
‧ Gazprom Neft
‧ Gulf Petrochem
‧ Nynas
‧ Owens Corning
‧ Rosneft
‧ Shell International
‧ Strukton
‧ Total

Market driver
‧ Global increase in road construction activities
‧ For a full, detailed list, view our report

Market challenge
‧ Volatility in raw material prices
‧ For a full, detailed list, view our report

Market trend
‧ Advances in modified bitumen
‧ For a full, detailed list, view our report

Key questions answered in this report
‧ What will the market size be in 2022 and what will the growth rate be?
‧ What are the key market trends?
‧ What is driving this market?
‧ What are the challenges to market growth?
‧ Who are the key vendors in this market space?

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